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The global generic e-learning courses market is expected to grow at a CAGR of about 11% during the forecast period
Generic e-learning courses industry growth is expected to accelerate over the next five years, driven by cost advantages of generic e-learning courses. The Americas will drive almost 38% of the growth of the generic e-learning courses industry, while EMEA and APAC are also predicted to make significant contributions to the incremental growth in the forecast period. The e-learning ecosystem is witnessing an increased adoption of content curation. Content curation refers to identifying, sorting, accumulating, grouping, and organizing web content to present the best relevant data in a dataset. Technavio's generic e-learning courses industry analysis reveals promising markets around the world.
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Cost advantage of generic courses will drive the growth of the market
Many types of e-learning can be delivered using off-the-shelf courses or custom-designed courses. Custom courses are tailor-made courses designed to fit the specific needs of an organization while generic courses are designed based on universally accepted course curriculum. As generic courses are available at a lesser cost compared to custom courses, they offer greater time and monetary savings which is expected to boost the growth of the global generic e-learning courses market. Generic courses are gained wide popularity in academic institutes with an increasing number of students opting for vocational training and other non-credit courses.
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Cegos, GP Strategies, and Macmillan Learning are among the leading vendors
The global generic e-learning courses market is forecasted to grow increasingly fragmented with the emergence of several international and regional vendors who offer many types of e-learning courses for academic institutes and corporates. Most of the leading vendors in the global generic e-learning courses market offer off-the-shelf training courses which can be edited to fit an organization's needs. Several international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several companies, including:
- Cegos
- GP Strategies
- Macmillan Learning
- Pearson Education
- Skillsoft
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